The CBC Is Experiencing Poorer Overall Ratings During the New

question 79

Multiple Choice

The CBC is experiencing poorer overall ratings during the new fall season but increased ratings among younger people.Many experts in the entertainment industry believe that the audience for programming on the CBC network is people over the age of 55 in spite of claims by executives that its programming is designed to reach a younger,less conservative audience.Which of the following statements correctly describes this situation?

• A) CBC does not have a target market.
• B) The target market for CBC is people over the age of 55.
• C) CBC does not need a target market because other television networks succeed without one.
• D) CBC is efficiently reaching its self-defined target market.

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Definitions:

MRTS

Marginal Rate of Technical Substitution; the rate at which one input must increase when another input decreases to keep output constant.

Labor

A term referring to the human effort, both physical and mental, used in the production of goods and services.

Marginal Product

The extra output or benefit produced by using one more unit of a given input, such as labor or capital.

Labor

The effort by humans to produce goods or services in the economy. It is often considered one of the key factors of production alongside land and capital.